NOT LISTED FOR SALE

1237 Pond St Cary, NC 27511

South Cary Neighborhood

Estimated Value: $694,000 - $862,000

Studio
3 Baths
3,426 Sq Ft
$236/Sq Ft Est. Value

Sale Details

Date Sold: January 20, 2022

Last sale price $703,695 $205 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,824 / mo

3 Days on Market

Highlights

  • Tile Flooring
  • Central Air
  • Heat Pump System
  • Briarcliff Elementary School Rated A

About This Home

As of January 2022

Built in 1978, this triplex offers convenient access to several retail centers and commercial centers in Cary. Owner has recently renovated the interior of unit 1237 (3BD/2.5BA) and has also replaced the roof and siding. The asking rent for this unit is $1,625. Unit 1239 (3BD/2.5BA) currently rents for $1,400 per month with lease expiring 07/30/2022. Unit 1241 (2BD/1BA) currently rents for $755 per month and is subject to a month-to-month lease. See agent remarks.

Last Agent to Sell the Property

Thomas Furlow

Deaton Investment Real Estate License #222598 Listed on: 12/13/2021

Last Buyer's Agent

Reginald Peace

Fathom Realty NC License #323980

Fathom Realty NC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,861

Year Built

  • Built in 1978

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Basement

  • Crawl Space

Schools

  • Wayne County Schools Elementary And Middle School
  • Wayne County Schools High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,861

Year Built

Built in 1978

Lot Details

0 Sq Ft Lot

Listing Details

  • Year Built: 1978
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Built in 1978, this triplex offers convenient access to several retail centers and commercial centers in Cary. Owner has recently renovated the interior of unit 1237 (3BD/2.5BA) and has also replaced the roof and siding. The asking rent for this unit is $1,625. Unit 1239 (3BD/2.5BA) currently rents for $1,400 per month with lease expiring 07/30/2022. Unit 1241 (2BD/1BA) currently rents for $755 per month and is subject to a month-to-month lease.
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 3.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Tile
  • Basement: Crawl Space
  • Basement:Crawl Space: Yes

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Parking Features:Off Street: Yes

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes

Schools

  • Ninth Grade High School: Wayne County Schools
  • Middle Or Junior School: Wayne County Schools

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 3861.0
  • Tax Year: 2021

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Wayne County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2023
Sold by
Team Long Properties Llc
Bought by
Long Brett Matthew and Long Danielle Q
Current Estimated Value
$807,044

Purchase Details

Listed on
Dec 13, 2021
Closed on
Jan 3, 2022
Sold by
Pond Street Llc
Bought by
Team Long Properties Llc
Seller's Agent
Thomas Furlow
Deaton Investment Real Estate
Buyer's Agent
Reginald Peace
Fathom Realty NC
List Price
$625,000
Sold Price
$703,695
Premium/Discount to List
$78,695
12.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.32%
Original Mortgage
$1,200,000
Interest Rate
3.45%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 28, 2020
Sold by
Degado Randy Allen and Degado Liliana
Bought by
Pond Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,877
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2016
Sold by
Michael A Occhipinti
Bought by
Delgado Randy and Delgado Liliana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,500
Interest Rate
3.54%

Purchase Details

Closed on
Oct 30, 2003
Sold by
Tudor James L and Tudor Betty C
Bought by
Comprehensive Management Systems Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Long Brett Matthew -- --
Team Long Properties Llc $704,000 None Listed On Document
Pond Street Llc -- None Available
Delgado Randy -- --
Comprehensive Management Systems Inc $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Team Long Properties Llc $1,200,000
Previous Owner Pond Street Llc $278,877
Previous Owner Delgado Randy $223,500
Previous Owner Delgado Randy --
Previous Owner Comprehensive Management Systems Inc $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2022 01/20/22 Sold $703,695 +12.6% $205 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
12/13/2021 12/13/21 For Sale $625,000 -- $182 / Sq Ft
Source: Doorify MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,188 $715,014 $200,000 $515,014
2024 $6,055 $715,014 $200,000 $515,014
Source: Public Records

Agents Affiliated with this Home

  • Thomas Furlow

    Seller's Agent in 2022

    Thomas Furlow

    Deaton Investment Real Estate

    (919) 847-1117

    2 in this area

    61 Total Sales

    Thomas Furlow
    Section Image
  • Reginald Peace

    Buyer's Agent in 2022

    Reginald Peace

    Fathom Realty NC

    (919) 353-5058

    1 in this area

    17 Total Sales

    Reginald Peace
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2423117

Doorify MLS

APN: 0763.14-34-3094-000

North Carolina Wake County Cary 27511 South Cary

1237 Pond St, Cary, NC

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.